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BTC/USD has broken major resistance $300 and jumped till $308. The pair has declined till $296 and recovered from that level. It is currently trading at $306.75.
- Short term trend is bullish as long as support $288 holds.
- It is facing minor resistance around $310 and any break above $310 will take the pair to next level $317/$332 in short term.
- On the downside any break below $288 will drag the pair further down till $279/$275.
It is good to buy at dips around $298-$300 with SL around $288 for the TP of $317/$332
